How to calculate pip values in Bitcoin trading:
- Volume: 1 BTC
1 pip = 0.1 USD
Therefore, for every 1 dollar movement in BTC/USD = 10 pips which is 1 USD because 1 pip = 0.1 USD
(Ex. 4025 BTC/USD to 4026 BTC/USD) - Volume: 10 BTC
1 pip = 10(0.1 USD) = 1 USD